This is a guest post by Esther Wee.
Find out what three other businesses did right about IP in Part 1.
4. NASA — Licensing of patented technologies to Start Ups.
The whole idea of the patent system is aimed at encouraging innovation, and NASA understands this very well.
Last year, NASA opened up an array of their patented technology to be licensed out on a non-exclusive basis to start ups with the aim of encouraging the growth of high-tech businesses and advancing American innovation.
David Miller, NASA’s chief technologist, said — “The Startup NASA initiative leverages the results of our cutting-edge research and development so entrepreneurs can take that research — and some risks — to create new products and new services.”